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Xcite Energy - North Sea Heavy Oil (XEL)     

Proselenes - 22 Oct 2009 11:14

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Proselenes - 24 Oct 2010 03:35 - 352 of 3002

http://proactiveinvestors.co.uk/companies/news/22317/xcite-energy-valuation-could-rise-significantly-edison-22317.html

Proselenes - 24 Oct 2010 03:38 - 353 of 3002

For those in doubt or any newbies, worth watching the summer interview again with Rupert Cole :


http://proactiveinvestors.co.uk/companies/stocktube/478/xcite-energy-bentley-north-sea-oil-field-could-be-a-two-billion-dollar-asset-prize-478.html


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Proselenes - 25 Oct 2010 07:15 - 354 of 3002

Excellent update. I think there is considerable upside to the recoverable oil and therefore the target prices.

http://www.investegate.co.uk/Article.aspx?id=201010250700069109U

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required field - 25 Oct 2010 08:13 - 355 of 3002

????....holy.....goodness....

cynic - 25 Oct 2010 08:18 - 356 of 3002

what is extraordinary is that the volume traded today is still only 600k

required field - 25 Oct 2010 08:28 - 357 of 3002

Correct me if I'm wrong : they have discovered more oil than expected ?...is that it ?..

required field - 25 Oct 2010 08:35 - 358 of 3002

Where is everybody ?.....

Balerboy - 25 Oct 2010 08:37 - 359 of 3002

hope it will continue to build between now and end of November.....what price then if good flow rates achieved??

cynic - 25 Oct 2010 08:40 - 360 of 3002

yes RF - exactly that .... XELd are you (sorry about that!)?

required field - 25 Oct 2010 08:42 - 361 of 3002

Good flow...perhaps in excess of 250p....I'm just guessing...don't forget this is heavy oil and has to be warmed up a little...Schlumberger said the previous well would have achieved 4000 barrels with the right equipment...so a lot more perhaps now...and I wonder whether they have both sorts of oil here....whatever the case this looks fantastic for Xcite Energy !...

required field - 25 Oct 2010 08:49 - 362 of 3002

What a start to the week...thrilled to bits I might say !....

required field - 25 Oct 2010 08:51 - 363 of 3002

Can't wait for the broker notes....they have to all upgrade their stance on this....

required field - 25 Oct 2010 08:53 - 364 of 3002

If this carries on I shall be able to look at the options list on something....

required field - 25 Oct 2010 10:48 - 365 of 3002

Holding up nicely....a lot more to come I think.....not much blogging on here....surprising....

Proselenes - 25 Oct 2010 16:47 - 366 of 3002

Its excellent news, the upside potential just got very much larger.

Flow test results late November.

Sit back and wait for a possible 300% rise from here.

Proselenes - 25 Oct 2010 16:47 - 367 of 3002

Its excellent news, the upside potential just got very much larger.

Flow test results late November.

Sit back and wait for a possible 300% rise from here.

cynic - 25 Oct 2010 16:53 - 368 of 3002

repeating will not enhance the result!

Dil - 25 Oct 2010 16:55 - 369 of 3002

You keep talking Pros ... your doing a fine job.

required field - 25 Oct 2010 19:48 - 370 of 3002

Possibly another increase tomorrow morning....

bertyknows - 25 Oct 2010 21:48 - 371 of 3002

muted response but tons of upside from here i guess after today's news.
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